Iraq Raises Oil Selling Price for Asia-Bound Crude

• Monday, 11th June 2018
• by Editorial Team

Iraq’s State Oil Marketing Organization (SOMO) has raised its oil selling price for July exports of Basra Light and Basra Heavy crude grades to Asia, Platts reported. SOMO raised Basra Light prices by 40 cents/b...

Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe

• Monday, 12th January 2015
• by Egypt Oil & Gas

Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region. Iraq set Basrah ...